Collector J Tomilson Hill is in the Guardian this week, defending his decision not to give up the £30 million Jacopo Pontormo painting sought by the National Gallery in London, saying that he said he refused to take a loss on the painting after its purchase. “They went ahead, despite the warning,” he says. “Their argument that they wasted all this time and effort to raise the money, only to have the offer rejected, rings very hollow.”